Credithood.com

Introducing Loyalty Funding: a modern way for SMB to fund growth. Businesses are funded by customers based on their reputation, not credit score.

  • Stage Full Product Ready
  • Industry Fintech
  • Location New York, NY, US
  • Currency USD
  • Founded January 2015
  • Employees 10
  • Website credithood.com

Company Summary

CreditHood allows SMBs to fund their growth plans via a modern collaborative financial platform. Their loyal customers partake in fundraising campaigns, getting paid back in services they already love.
SMBs obtain revolutionary access to the power of the collaborative economy, thus instantly enhancing their growth prospects. CreditHood establishes a new approach to credit underwriting by collecting highly relevant data at a low cost. Business owners gain efficiency, skipping the legacy paperwork-based credit applications.

Since SMBs can no longer “bank on the Bank” (The Economist) – CreditHood is an ideal partner.

Customers can stimulate genuine economic impact, joining forces with their trusted local businesses (e.g. hairdressers, trainers or spa) – invigorating the collaborative economy with their own actions. Notwithstanding those charitable values,
customers instantly enjoy VIP access and cost savings; alternatively, they can always get repaid in cash if desired.

Team

  • Co-founder, CEO

    Former CEO & co-founder of Blat-
    Lapidot, the leading Salesforce.com gold
    partner in Israel and EMEA emerging
    market
    Led the Cloud Computing & CRM
    revolution in Israel

  • Jack Elaad
    Co-founder, Chairman

    Former Group Chairman of FIBI, the fifth
    largest bank in Israel
    Founded and served as Managing Partner
    of Sadot R&D Fund, an Israeli-based VC
    fund

Advisors

  • Joined Waze in 2008 in the role of VP, Sales and Business Development.
    Sr. director Strategy - Consumer & Mobile Products at Paypal. Prior to this role, Ran served as VP, CTO of Netvision / Cellcom (NYSE:CEL).
    "Rock Star" in Product management at Facebook

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